Points or 1. 5 . So as wall street presses the sell button, a dramatic move. The struggling Hotel Industry shouting in a letter to the president to bypass pelosi and Senate Leader mitch mcconnell. One of the signers, the ceo of best western hotels, live with us on the roadmap they are hoping the president looks at and maybe follows for them. But as the markets reflect the angst over the rescue package status, you can see this with the dow intraday picture, the latest company to nab a ticket to the 2020 spacpalooza is flying high. The banking giant who now on her fourth spac will tell you why she picked the Digital Payments company to take public. Its first day of trade is today, right now. Wait until you see what its doing. But lets get to this fox business alert and breaking news. To prescott, arizona where President Trump is expected to appear at the first of two rallies today in the grand canyon state but with just 15 days to go before the election, it was his comments on the tarmac
Wall street expects some kind of stimulus. We have another monday morning rally with plenty of green and the dow jones is closing about a gain of 150, but nasdaq up over 100 points. Big tech up this morning i think pretty much across the board, yes. Its all green. Even though three top executives will be hauled before Congress Next week, both sides of the aisle angry over big tex wealth, power, influence and serious discontent about censoring conservative opinions as some senators subpoenaed jack dorsey concerning twitters suppression of conservative voice service. On the campaign trail absolutely no change. The president continues his rallies hammering his message home in the battleground states and joe biden will hunker down. He appears to have put a lid on the week staying home preparing for thursdays debate. That debate is controversial with the moderator who is supposed to be neutral anything but. Her family has donated tens of thousands of dollars to democratic campaigns and in t
Conocopillps acquiring contra resources. The largest deal this year and well have conoco ceo join us this hour. The 737 max or comeback european r regulators saying it is safe to fly and planning a december return to service. Carl jim, heard you just talking to becky about stimulus as we continue to kick this around it does not sound like this new sense of urgency, quote unquote, will do much to push the package forward. We are too close to the election and either side gives then the other side. I think has them so, lets say the president gives a little bit more than i think that Speaker Pelosi will make it even tougher because the president wants to get that check to you to the least amount of money donald j. Trump wanted. I know that is something that a lot of people, wow, the president gave it to me. I think what we should be owning and trading and buying are companies that are about to go through an Earnings Period that i think is going to be rocky but overall positive and i think
And xmtchristmas in october as amazon kicks off its two day prime day today, the investment play and if any other retailers have what it takes to compete with amazon, it is tuesday, october 13, 2020 you are watching cnbc right here on cnbc. Let it go, let it go how youre one with the wind and sky everyones kid knows that song good morning, im dominic chu in for Brian Sullivan you can see the dow is implied lower by just about 17 points, so well call it fairly stage and flat nasdaq higher by about 77, the Technology Trend continues the nasdaq has been leading on the up side and down side over the course of the last couple months the major averages all coming off yet another winning session, the dow rising more than 250 points for its first four day winning streak since Early September. The major outperformer again was that nasdaq, surging more than 2. 5 for its best day since september 9. You can see there just over the last two days here, a massive move higher, 2. 5 gains there to clos
Nix says the material could have an adverse effect. Government would like state leaders to do more. Check in on how markets are trading. U. S. Futures are coming online 0. 5 higher. We were bracing for some more turmoil this week after President Trump was hospitalized late friday. We havent had such big or huge losses. The president was headed to Walter Reed Hospital for treatment. Down a seeing it come little bit. 0. 3 . Gaining this after it dropped to its lowest level since june based not only on the uncertainty of the president s covid19 diagnosis but oil supply concerns. The dollar was sort of steady in this in the close. Fact that thehe u. S. Jobs report is pouring cold water on the outlook continuing the u. S. Economy adding fewer jobs than forecast in september. Are releasing this tension in the markets where you aresee how reluctant bulsls to give up their positions. This is where the nikkei 225 chicago futures are. Up just about 0. 5 at the moment. Across asia we are looking